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BODY CORPORATE AND COMMUNITY MANAGEMENT ACT 1997 - SECT 10
Meaning of community titles scheme
(1) A
"community titles scheme" is— (a) a single community management statement
recorded by the registrar identifying land (the
"scheme land" ); and
(b) the scheme land.
(2) Land may be identified as
scheme land only if it consists of— (a) 2 or more lots; and
(b) other land
(the
"common property" for the community titles scheme) that is not included in a
lot mentioned in paragraph (a) .
Note— Common property for a
community titles scheme is, effectively, freehold land forming part of the
scheme land but not forming part of a lot included in the scheme.
(3) Land
can not be common property for more than 1 community titles scheme.
(4) For
each community titles scheme, there must be— (a) at least 2 lots; and
(b)
common property; and
(c) a single body corporate; and
(d) a single
community management statement.
(5) A community titles scheme is a
"basic scheme" if all the lots mentioned in subsection (2) (a) are lots under
the Land Title Act .
(6) However, under this Act, a lot may be, for its
inclusion in a community titles scheme other than a basic scheme, another
community titles scheme. Note— Schedule 1 contains examples of possible
structures of community titles schemes.
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